JSE up 3,3%
Last week the JSE recovered from an oversold position to close the week with a gain of 3,3%. Financials gained 4,8% and Industrials were up 3,7%. Resources managed a gain of 1,5%.
DAX up 6,6%, CAC up 5.2%.
European markets breathed a sigh of relief as the Italian referendum failed, the Dax gained 6,6% and the CAC 5,2%. Italy was up 7,3% and Spain put in 6,5%
US Markets... ››› more
3 to Buy
We're expecting positive results to boost this retailers share price
Yes, we have mentioned Steinhoff before, the stock has fallen significantly since June. They will release financial results later this week. We expect more clarity on the impact of Brexit and the acquisitions. Positive results will give the current price a lift, Buy Below R64,00.
A rare opportunity to ... ››› more
JSE All Share marginally positive, up 0,7%
After several volatile weeks, due to policy uncertainty, some calm appears to have returned to the markets. The JSE All Share Index was up 0,7% last week. Resources were down 3%, while Industrial's up 1,8% and Financials' up 2,5% lifted the markets overall.
Brent Crude up 5%
Russia indicated it would support a cut in output if adopted by Opec. Ma... ››› more
Big Movers of the week
GOLD Stocks down 8,3%
The rollercoaster ride in Gold stocks continued last week, after bouncing the week before the Index was down 8,3%. Sibanye faired worst falling 13,7% while all the other major gold stocks gave up their recent gains.
MTN up 5,7%
Rebounding from lows, MTN was up 5,7% last week after a year of problems. The company has announced several heavywe... ››› more
Guy Algeo, Founder and Director at Prodigy Asset Management gives you an exclusive look into what he'd consider a buy this week and which shares you need to take out of your portfolio......
Stock market overview
Gold down 4,5%
Bullion’s strong performance for the year saw a shape correction last week it was down $60 or 4,5%.
The Rand held firm and so the softer gold price had... ››› more
You're no doubt familiar with Donald Trump, even if it's just watching him in The Apprentice.
In a book he wrote ten years ago, Trump details how to invest wisely, how to run a successful business and earn more money, plus a lot more.
So what is Trump's investment advice?
Let's take a closer look…
Investing tips from Donald Trump
Whilst the book’s main focus is making money i... ››› more
Earlier today, Stats SA released its producer inflation data for July.
The data showed that producer inflation, measured by the producer price index (PPI), fell 0.1% from June.
Some experts believe that producer inflation could continue to fall.
Let's take a closer look at what the data showed…
PPI fell to 8%
Headline producer inflation eased “to 8% year-on-year in July,” ... ››› more
Burger King has announced that it will buy Tim Hortons, a Canadian doughnut and coffee chain.
The merger will cost Burger King around $11 billion. The resulting company will be one of the biggest fast-food chains in the world.
Warren Buffett is also getting in on the merger between the two companies.
Let's take a closer look at the deal…
Burger King and Tim Hortons will become th... ››› more
When it comes to your child's future, you can never be too well prepared.
You may need to save more or less for your child's education, depending on where you want to send him off to school.
Although you may think that you can't afford to save for your child's education, it doesn't have to be that difficult. The most important thing is to start saving as early as possible.
With the risin... ››› more
Financial independence is something that many people strive to achieve.
Yet most people find that their income doesn't go as far they need it to. Their monthly outgoings increase, eating into even more of their income.
Then worries start about how they're going to achieve a comfortable retirement.
So what can you do to achieve financial independence?
You need to make big changes now t... ››› more
Yesterday, after the market closed, rating agency Moody's downgraded South Africa's four big banks.
After the Reserve Bank rescued troubled lender African Bank, Moody's believes there are risks in SA's banking sector.
This morning, shares in Standard Bank, Absa, FirstRand and Nedbank have all fallen as investors digest the news. This is in spite of the Reserve Bank disputing Moody's decision... ››› more
When you're in your 20's or 30's, you're probably not considering saving money for retirement. You may have student loans to pay or credit card debt and retirement seems so distant, it makes no sense to start saving now.
But what if I told you that starting to save early for retirement is one of the best things you could do to secure your financial future?
The sooner you start, the better off... ››› more
One of Warren Buffett's infamous sayings is: ‘Lethargy bordering on sloth remains the cornerstone of our investment style'. In other words, not doing very much.
If you invest in companies that are at the top of their game and continue to perform, you can practically sit back and watch your investment grow.
It all comes down to investing in great, solid companies and reinvesting your divide... ››› more
If you hold shares and other investments for the long-term and sell them for a profit, depending on the size of your profit, you could have to pay capital gains tax to SARS.
So what exactly is capital gains tax? And how much profit to you have to make to pay capital gains tax?
Let's take a closer look…
What is capital gain tax (CGT)?
Any profits you make from selling an asset (lik... ››› more
Over the last few years, the stock market has definitely been a friend to investors. It's continued to climb higher in a sustained bull market.
If you've been investing along with the trend, you'll most likely have done quite well over recent years.
What has also helped investors is the great variety of investment products available. And the ease at which you can research and invest.
Let'... ››› more
If you want to invest on the stock market, but you don't have a clue which stocks to pick, there's a simple solution to your problem.
Invest in unit trusts.
Unit trusts take all the stock picking decisions out of your hands, because you give your money to a professional fund manager to do it for you.
But what exactly are unit trusts? What types of unit trusts are there? And how can you go... ››› more
If you're looking for an investment portfolio that pays you an income, you can't look by dividend paying shares.
Investing in well-established, solid companies that pay dividends is a great option. You stand to benefit from twice yearly pay outs from the company, plus capital appreciation over the long-term.
One ratio that can help you weigh up good dividend paying companies is the dividend ... ››› more
Yesterday, as the US-African Leaders Summit continued in Washington, the US President announced that US companies will invest $14 billion into Africa.
A number of US corporations have committed to investing in the continent in a bid to strengthen ties between the US and Africa. This as China continues to invest in Africa.
Let's take a closer look…
Energy and infrastructure look to be... ››› more
Unit trusts are an easy way of adding some diversification to your portfolio. And you can invest from a small monthly amount.
So how do you go about picking a unit trust to invest in from the hundreds available?
You should ask yourself these three questions…
Question #1: Do I like the asset class the unit trust invests in?
There are unit trusts available on a number of different a... ››› more
Turn on the news and the headlines are chock-full of unfolding or ongoing geopolitical events somewhere in the world.
The stock markets have fared well so far, but the world is a fragile place.
So how can you ensure your investments don't bear the brunt of a stock market wobble?
Read on to find out…
Discipline is key to surviving stock market volatility
Unless you have a cryst... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.